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Inflation puts a deeper hole in the consumers’ pocket
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Retail inflation rises marginally; industrial production rises 3.1%
Industrial production has been hit due to the Covid-19 pandemic since March last year when it had contracted 18.7%
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Tax cut on fuel can be Rs 35,000-cr consumption boost
The estimated loss to the exchequer will remain in consumers’ pockets
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Retail inflation eases to 4.35% in September; IIP up 11.9% in August
The Index of Industrial Production (IIP) also increased 11.9 percent in August as per the official data.
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Inflation apparition for RBI
While RBI has to maintain the recovery in the economy, inflation itself could dampen demand and impact the growth process.
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Retail inflation eases to 5.3% in August
Inflation in the food basket slowed down to 3.11% in August 2021 from 3.96% in July 2021, according to the data released by the NSO.
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Industrial production grows 11.5% in July
IIP growth: Power generation rose 11.3%, and mining output also increased by 19.5% in July. In July 2020, the IIP had contracted 10.5%.
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CPI inflation pleasantly surprised in July. Here’s how experts see RBI reacting to it
Today's data points vindicate the RBI's decision to calibrate the policy normalisation in a gradual fashion, say experts
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Retail inflation for July at 5.59%, June IIP at 13.6%
Inflation in the food basket slowed down to 3.96% in July from 5.15% in the previous month
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PM Modi’s mission to make India ‘Atmanirbhar’ in edible oils
To reduce the dependence on imports, PM Modi announced the NMEO-OP initiative to make India self-sufficient in cooking oils, including palm oil.
